Siauliu apskritis; Lietuva
Manufacture of textiles, apparel, leather and related products
15.11 - Tanning and dressing of leather; dressing and dyeing of fur
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
iaulių stumbras, the largest and the oldest leather tanning and dressing company in Lithuania, announced its bankruptcy on 6 June 2005. The company experienced 10 million LTL losses from its main activity in 2004. Two hundred employees will be dismissed because of the company bankruptcy.